H World posts RMB30.5 billion in Q2 2026 hotel turnover, revenue rises to RMB7.1 billion
AI Market Summary
H World reported solid Q2 2026 results with hotel turnover +13.2% YoY, revenue +10.8% YoY, and non-GAAP EBITDA rising to RMB2.6bn. Higher mix of manachised/franchised revenue (+25.2% YoY) lifted operating margin, and management raised full-year revenue and M&F growth guidance. A US$2.5bn shareholder return plan and US$275m dividend support capital return optics, partially offset by weaker international performance.
Impact level
● Low
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▲ Bullish
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H World Group released its unaudited results for the second quarter of 2026, reporting hotel turnover of RMB30.5 billion, up 13.2% year over year. Turnover in China rose 15.3%, while the international segment declined 9.4%. Total revenue increased 10.8% to RMB7.1 billion, and manachised and franchised revenue climbed 25.2% to RMB3.6 billion. Non-GAAP EBITDA came in at RMB2.6 billion versus RMB2.5 billion a year earlier.
